South Korea prepares a corporate financial support program worth $57 Billion

A financial support program worth 75.9 trillion won ($56.97 billion) has been prepared by South Korea for companies that are investing more in critical sectors and small businesses that are having trouble paying high-interest rates. The Financial Services Commission said on Thursday that commercial banks will also contribute 20 trillion won to support small and…

Read More

The Godfather of AI leaves Google after a decade to warn the world about the threat of AI

Geoffrey Hinton, ‘the Godfather of AI’ received his Ph.D. in artificial intelligence 45 years ago and has remained one of the most reverential voices in this field. For the past decade, Hinton worked at Google, between the company’s Silicon Valley headquarters and Toronto. But he has quit Google, and he told the New York Times that he will…

Read More

Meta CEO Declares 2023 as the Company’s Year of Efficiency

Meta CEO Mark Zuckerberg has announced that 2023 is Meta’s ‘year of efficiency’. It includes refining the company’s distributed work model. Zuckerberg said that an internal analysis of data on employee performance suggests that engineers who work in the personal presence of each other get more done. He stated that Meta remains committed to distributed work model, and…

Read More